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Thursday, May 24th 2012
Credit Card Glossary

Credit Card Glossary: Terms and Definitions

Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
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Revolving balance
In credit card terms, a revolving balance is the portion of credit card spending that goes unpaid at the end of a billing cycle. The amount can vary, going up or down depending on the amount borrowed and the amount repaid. When the balance is paid off, the customer is no longer revolving the debt.
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